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ALLEN v. TODD

Docket No. 35626.

12 Cal.App.3d 654 (1970)

90 Cal. Rptr. 807

R.E. ALLEN, as Receiver, etc., Petitioner and Respondent, v. JOSEPH Z. TODD et al., Claimants and Appellants.

Court of Appeals of California, Second District, Division One.

November 4, 1970.

Attorney(s) appearing for the Case

COUNSEL

L.W. Wrixon and Huston T. Carlyle for Claimants and Appellants.

Robert S. Morris for Defendant and Respondent.

OPINION

GUSTAFSON, J.

Tannen, Winslow & Co., Inc. (hereinafter referred to for convenience as the bond dealer), was engaged principally in the business of purchasing municipal bonds with the purpose of reselling them to the public. As such (Corp. Code, § 25006, since superseded by Corp. Code, § 25004), the bond dealer was, as required (Corp. Code, § 25700, since superseded...

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